Systematic renewal of the Russian fleet is necessary and economically feasible

President of the Fishery Shipowners Association (FSA) Alexei Osintsev at the international conference "Russian Shipbuilding - 2022" presented data confirming the need for the urgent construction of a new fishing fleet. He stressed that the regularity and continuity of placing orders for the construction of ships is the key to the sustainable development of fishing and shipbuilding.

FSA notes that the high demand for new vessels remains. The result of the first stage of the investment quota program will be the renewal of up to 80% of the capacity of the fishing fleet in the North, but only 40% in the Far East and less than half of the crab fleet. It is necessary to continue updating the fleet and bring the share of new vessels in the Far East to 80% of the total fishing capacity.

According to experts of the country's leading financial institution NIFI of the Ministry of Finance of Russia, economically, the fishing and shipbuilding industries are able to ensure the construction of new vessels. In recent years, growth in such indicators as revenue, capital and reserves, and assets has been noted in both industries.